Business News

BEIJING (Reuters) – China’s imports and exports will face greater pressure in the fourth quarter, due to insufficient external demand, commerce ministry spokesperson Shu Jueting told a news conference on …

MILAN (Reuters) – Carmaker Stellantis said on Thursday it had agreed to buy aiMotive, a Hungary-based developer of advanced artificial intelligence and autonomous driving software, to advance its technology development …

AMSTERDAM (Reuters) – Meals delivery company Just Eat Takeaway on Thursday announced a European partnership with online grocer Getir. Under the partnership, Takeaway said, Getir’s groceries will be listed on …

By Clare Jim HONG KONG (Reuters) – Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for a long-awaited debt-restructuring proposal, two …

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Good is bad again – or vice versa – as …

By Leika Kihara (Reuters) -Central banks must remove emergency support measures once financial crises are over to avoid causing moral hazard in the market, former Bank of Japan (BOJ) deputy …

TOKYO (Reuters) -A Japanese automobile lobbying group “firmly opposes” a plan for mileage tax on electric vehicles (EVs), an official of the group said on Thursday, adding that it would …

TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda reiterated on Thursday that the central bank needs to continue with its monetary easing programme in order to support a fragile economy. …

By Devayani Sathyan BENGALURU (Reuters) – Thailand’s economy grew at its fastest pace in more than a year last quarter, boosted by a rebound in tourism and private consumption, but …

By Hyunjoo Jin and Tom Hals (Reuters) -Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social …

(Reuters) – Former Chief Executive Officer of Twitter Jack Dorsey said on Wednesday that he will not accept the position of CEO of Twitter. When asked by a Twitter user …

(Reuters) -Chilean miner SQM, the world’s second largest lithium producer, posted on Wednesday a ten-fold jump in third-quarter net profit, boosted by skyrocketing prices and record high sales of the …

SEOUL (Reuters) – South Korean households’ quarterly income declined on the year for the first time since the second quarter of 2021, government data showed on Thursday, amid cooling economic …

(Reuters) – Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its spectacular collapse that has sent shivers through the industry. The U.S. …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s imports in October surged by more than half from a year earlier, dwarfing growth in exports and enlarging a trade deficit that has …

By Hyunjoo Jin and Paresh Dave SAN FRANCISCO (Reuters) -James Murdoch, a Tesla Inc director, testified in court on Wednesday that CEO Elon Musk has in the last few months …

TOKYO (Reuters) -Renault SA may transfer more than half its stake in Nissan Motor to a trust to match the Japanese car maker’s holdings in itself, the Nikkei newspaper reported …

By Wayne Cole SYDNEY (Reuters) -Australia’s jobless rate matched five-decade lows in October as employment climbed by double market forecasts, a sign it will take further increases in interest rates …

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales clouded the inflation …

By Kylie Madry MONTERREY, Mexico (Reuters) – General Motors’ Mexico head Francisco Garza foresees just 15% of the vehicles produced in the country in 2030 as being electric, missing the …

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Split control of the U.S. Congress following the midterm elections may provide a tailwind for stocks at the end of a bruising …

SINGAPORE (Reuters) – Singapore state investor Temasek Holdings said it would write down the value of its entire investment of $275 million in collapsed crypto currency exchange FTX, in the …

(This Nov. 14 story has been officially corrected to fix the quote from Anne Lee Foster in paragraph 17 to clarify that state money used to clean up abandoned wells …

By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes ended lower on Wednesday as a grim outlook from Target spurred fresh concerns about retailers heading …